APO RESEARCH · REPORT
Pressure Vessels
Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
Product & engineering
Understand the product.
Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
The pressure differential is dangerous, and fatal accidents have occurred in the history of pressure vessel development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country, but involves parameters such as maximum safe operating pressure and temperature, and are engineered with a safety factor, corrosion allowance, minimum design temperature (for brittle fracture), and involve nondestructive testing, such as ultrasonic testing, radiography, and pressure tests, usually involving water, also known as a hydro-test, but could be pneumatically tested involving air or another gas.
Selected research
Market Structure
Global Pressure Vessels Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
The pressure differential is dangerous, and fatal accidents have occurred in the history of pressure vessel development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country, but involves parameters such as maximum safe operating pressure and temperature, and are engineered with a safety factor, corrosion allowance, minimum design temperature (for brittle fracture), and involve nondestructive testing, such as ultrasonic testing, radiography, and pressure tests, usually involving water, also known as a hydro-test, but could be pneumatically tested involving air or another gas.
Global Pressure Vessels key players include CB&I, IHI Corporation, Mitsubishi Heavy Industries, etc. Global top three manufacturers hold a share over 3%.
Read the full market overview
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Titanium is the largest segment, with a share about 50%. And in terms of application, the largest application is Petrochemical, followed by Oil & Gas, Coal Chemical, Nuclear Power, Non-ferrous Metal, etc.
The report provides an overview of the global Pressure Vessels market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Pressure Vessels and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Pressure Vessels sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Pressure Vessels market size, projected growth trends, production technologies, key applications, and end-use industries.
Pressure Vessels Segment by Company
McDermott
IHI Corporation
Mitsubishi Heavy Industries
Hitachi Zosen
Morimatsu
L&T
Doosan
KNM
SPVG
Mersen
JSW
Belleli
Neuenhauser Kompressorenbau
ATB
Springs Fabrication
Hanson
THVOW
LS Group
Sunpower Group
CIMC Enric
CFHI
AVIC Liming Jinxi
Pressure Vessels Segment by Type
Titanium
Steel
Stainless Steel
Nickel Material
Zirconium
Other
Pressure Vessels Segment by Application
Petrochemical
Oil & Gas
Coal Chemical
Nuclear Power
Non-ferrous Metal
Other
Pressure Vessels Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Pressure Vessels market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Pressure Vessels and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Pressure Vessels.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Pressure Vessels market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Pressure Vessels industry.
Chapter 3: Detailed analysis of Pressure Vessels market competition landscape. Including Pressure Vessels manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Pressure Vessels by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Pressure Vessels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Titanium
- Steel
- Stainless Steel
- Nickel Material
- Zirconium
- Other
Applications
- Petrochemical
- Oil & Gas
- Coal Chemical
- Nuclear Power
- Non-ferrous Metal
- Other
Companies covered
- McDermott
- IHI Corporation
- Mitsubishi Heavy Industries
- Hitachi Zosen
- Morimatsu
- L&T
- Doosan
- KNM
- SPVG
- Mersen
- JSW
- Belleli
- Neuenhauser Kompressorenbau
- ATB
- Springs Fabrication
- Hanson
- THVOW
- LS Group
- Sunpower Group
- CIMC Enric
- CFHI
- AVIC Liming Jinxi
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Pressure Vessels Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Pressure Vessels Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Pressure Vessels Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Pressure Vessels Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Pressure Vessels Market Dynamics
- 2.1 Pressure Vessels Industry Trends
- 2.2 Pressure Vessels Industry Drivers
- 2.3 Pressure Vessels Industry Opportunities and Challenges
- 2.4 Pressure Vessels Industry Restraints
3 Pressure Vessels Market by Manufacturers
- 3.1 Global Pressure Vessels Production Value by Manufacturers (2021-2026)
- 3.2 Global Pressure Vessels Production by Manufacturers (2021-2026)
- 3.3 Global Pressure Vessels Average Price by Manufacturers (2021-2026)
- 3.4 Global Pressure Vessels Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Pressure Vessels Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Pressure Vessels Manufacturers, Product Type & Application
- 3.7 Global Pressure Vessels Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Pressure Vessels Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Pressure Vessels Players Market Share by Production Value in 2025
- 3.8.3 2025 Pressure Vessels Tier 1, Tier 2, and Tier 3
4 Pressure Vessels Market by Type
- 4.1 Pressure Vessels Type Introduction
- 4.1.1 Titanium
- 4.1.2 Steel
- 4.1.3 Stainless Steel
- 4.1.4 Nickel Material
- 4.1.5 Zirconium
- 4.1.6 Other
- 4.2 Global Pressure Vessels Production by Type
- 4.2.1 Global Pressure Vessels Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Pressure Vessels Production by Type (2021-2032)
- 4.2.3 Global Pressure Vessels Production Market Share by Type (2021-2032)
- 4.3 Global Pressure Vessels Production Value by Type
- 4.3.1 Global Pressure Vessels Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Pressure Vessels Production Value by Type (2021-2032)
- 4.3.3 Global Pressure Vessels Production Value Market Share by Type (2021-2032)
5 Pressure Vessels Market by Application
- 5.1 Pressure Vessels Application Introduction
- 5.1.1 Petrochemical
- 5.1.2 Oil & Gas
- 5.1.3 Coal Chemical
- 5.1.4 Nuclear Power
- 5.1.5 Non-ferrous Metal
- 5.1.6 Other
- 5.2 Global Pressure Vessels Production by Application
- 5.2.1 Global Pressure Vessels Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Pressure Vessels Production by Application (2021-2032)
- 5.2.3 Global Pressure Vessels Production Market Share by Application (2021-2032)
- 5.3 Global Pressure Vessels Production Value by Application
- 5.3.1 Global Pressure Vessels Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Pressure Vessels Production Value by Application (2021-2032)
- 5.3.3 Global Pressure Vessels Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 McDermott
- 6.1.1 McDermott Company Information
- 6.1.2 McDermott Business Overview
- 6.1.3 McDermott Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.1.4 McDermott Pressure Vessels Product Portfolio
- 6.1.5 McDermott Recent Developments
- 6.2 IHI Corporation
- 6.2.1 IHI Corporation Company Information
- 6.2.2 IHI Corporation Business Overview
- 6.2.3 IHI Corporation Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.2.4 IHI Corporation Pressure Vessels Product Portfolio
- 6.2.5 IHI Corporation Recent Developments
- 6.3 Mitsubishi Heavy Industries
- 6.3.1 Mitsubishi Heavy Industries Company Information
- 6.3.2 Mitsubishi Heavy Industries Business Overview
- 6.3.3 Mitsubishi Heavy Industries Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Heavy Industries Pressure Vessels Product Portfolio
- 6.3.5 Mitsubishi Heavy Industries Recent Developments
- 6.4 Hitachi Zosen
- 6.4.1 Hitachi Zosen Company Information
- 6.4.2 Hitachi Zosen Business Overview
- 6.4.3 Hitachi Zosen Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.4.4 Hitachi Zosen Pressure Vessels Product Portfolio
- 6.4.5 Hitachi Zosen Recent Developments
- 6.5 Morimatsu
- 6.5.1 Morimatsu Company Information
- 6.5.2 Morimatsu Business Overview
- 6.5.3 Morimatsu Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.5.4 Morimatsu Pressure Vessels Product Portfolio
- 6.5.5 Morimatsu Recent Developments
- 6.6 L&T
- 6.6.1 L&T Company Information
- 6.6.2 L&T Business Overview
- 6.6.3 L&T Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.6.4 L&T Pressure Vessels Product Portfolio
- 6.6.5 L&T Recent Developments
- 6.7 Doosan
- 6.7.1 Doosan Company Information
- 6.7.2 Doosan Business Overview
- 6.7.3 Doosan Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.7.4 Doosan Pressure Vessels Product Portfolio
- 6.7.5 Doosan Recent Developments
- 6.8 KNM
- 6.8.1 KNM Company Information
- 6.8.2 KNM Business Overview
- 6.8.3 KNM Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.8.4 KNM Pressure Vessels Product Portfolio
- 6.8.5 KNM Recent Developments
- 6.9 SPVG
- 6.9.1 SPVG Company Information
- 6.9.2 SPVG Business Overview
- 6.9.3 SPVG Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.9.4 SPVG Pressure Vessels Product Portfolio
- 6.9.5 SPVG Recent Developments
- 6.10 Mersen
- 6.10.1 Mersen Company Information
- 6.10.2 Mersen Business Overview
- 6.10.3 Mersen Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.10.4 Mersen Pressure Vessels Product Portfolio
- 6.10.5 Mersen Recent Developments
- 6.11 JSW
- 6.11.1 JSW Company Information
- 6.11.2 JSW Business Overview
- 6.11.3 JSW Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.11.4 JSW Pressure Vessels Product Portfolio
- 6.11.5 JSW Recent Developments
- 6.12 Belleli
- 6.12.1 Belleli Company Information
- 6.12.2 Belleli Business Overview
- 6.12.3 Belleli Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.12.4 Belleli Pressure Vessels Product Portfolio
- 6.12.5 Belleli Recent Developments
- 6.13 Neuenhauser Kompressorenbau
- 6.13.1 Neuenhauser Kompressorenbau Company Information
- 6.13.2 Neuenhauser Kompressorenbau Business Overview
- 6.13.3 Neuenhauser Kompressorenbau Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.13.4 Neuenhauser Kompressorenbau Pressure Vessels Product Portfolio
- 6.13.5 Neuenhauser Kompressorenbau Recent Developments
- 6.14 ATB
- 6.14.1 ATB Company Information
- 6.14.2 ATB Business Overview
- 6.14.3 ATB Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.14.4 ATB Pressure Vessels Product Portfolio
- 6.14.5 ATB Recent Developments
- 6.15 Springs Fabrication
- 6.15.1 Springs Fabrication Company Information
- 6.15.2 Springs Fabrication Business Overview
- 6.15.3 Springs Fabrication Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.15.4 Springs Fabrication Pressure Vessels Product Portfolio
- 6.15.5 Springs Fabrication Recent Developments
- 6.16 Hanson
- 6.16.1 Hanson Company Information
- 6.16.2 Hanson Business Overview
- 6.16.3 Hanson Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.16.4 Hanson Pressure Vessels Product Portfolio
- 6.16.5 Hanson Recent Developments
- 6.17 THVOW
- 6.17.1 THVOW Company Information
- 6.17.2 THVOW Business Overview
- 6.17.3 THVOW Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.17.4 THVOW Pressure Vessels Product Portfolio
- 6.17.5 THVOW Recent Developments
- 6.18 LS Group
- 6.18.1 LS Group Company Information
- 6.18.2 LS Group Business Overview
- 6.18.3 LS Group Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.18.4 LS Group Pressure Vessels Product Portfolio
- 6.18.5 LS Group Recent Developments
- 6.19 Sunpower Group
- 6.19.1 Sunpower Group Company Information
- 6.19.2 Sunpower Group Business Overview
- 6.19.3 Sunpower Group Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.19.4 Sunpower Group Pressure Vessels Product Portfolio
- 6.19.5 Sunpower Group Recent Developments
- 6.20 CIMC Enric
- 6.20.1 CIMC Enric Company Information
- 6.20.2 CIMC Enric Business Overview
- 6.20.3 CIMC Enric Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.20.4 CIMC Enric Pressure Vessels Product Portfolio
- 6.20.5 CIMC Enric Recent Developments
- 6.21 CFHI
- 6.21.1 CFHI Company Information
- 6.21.2 CFHI Business Overview
- 6.21.3 CFHI Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.21.4 CFHI Pressure Vessels Product Portfolio
- 6.21.5 CFHI Recent Developments
- 6.22 AVIC Liming Jinxi
- 6.22.1 AVIC Liming Jinxi Company Information
- 6.22.2 AVIC Liming Jinxi Business Overview
- 6.22.3 AVIC Liming Jinxi Pressure Vessels Production, Value and Gross Margin (2021-2026)
- 6.22.4 AVIC Liming Jinxi Pressure Vessels Product Portfolio
- 6.22.5 AVIC Liming Jinxi Recent Developments
7 Global Pressure Vessels Production by Region
- 7.1 Global Pressure Vessels Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Pressure Vessels Production by Region (2021-2032)
- 7.2.1 Global Pressure Vessels Production by Region (2021-2026)
- 7.2.2 Global Pressure Vessels Production Forecast by Region (2027-2032)
- 7.3 Global Pressure Vessels Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Pressure Vessels Production Value by Region (2021-2032)
- 7.4.1 Global Pressure Vessels Production Value by Region (2021-2026)
- 7.4.2 Global Pressure Vessels Production Value by Region (2027-2032)
- 7.5 Global Pressure Vessels Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Pressure Vessels Production Value (2021-2032)
- 7.6.2 Europe Pressure Vessels Production Value (2021-2032)
- 7.6.3 Asia-Pacific Pressure Vessels Production Value (2021-2032)
- 7.6.4 South America Pressure Vessels Production Value (2021-2032)
- 7.6.5 Middle East & Africa Pressure Vessels Production Value (2021-2032)
8 Global Pressure Vessels Consumption by Region
- 8.1 Global Pressure Vessels Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Pressure Vessels Consumption by Region (2021-2032)
- 8.2.1 Global Pressure Vessels Consumption by Region (2021-2026)
- 8.2.2 Global Pressure Vessels Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Pressure Vessels Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Pressure Vessels Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Pressure Vessels Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Pressure Vessels Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Pressure Vessels Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Pressure Vessels Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Pressure Vessels Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Pressure Vessels Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Pressure Vessels Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Pressure Vessels Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Pressure Vessels Value Chain Analysis
- 9.1.1 Pressure Vessels Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Pressure Vessels Production Mode & Process
- 9.2 Pressure Vessels Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Pressure Vessels Distributors
- 9.2.3 Pressure Vessels Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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